Retail TouchPoints

JULY 12, 2023

The past few years have been a rollercoaster ride for the retail industry. Then, last year, in-store sales grew faster than online sales, while ecommerce stocks took a big hit. A survey from this year’s World Retail Congress suggests that the uncertain times aren’t over for the industry.

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Payment Services Retail Point of Sale Supplies 243

Korona

SEPTEMBER 29, 2022

According to many metrics, the convenience store industry has seen significant growth in the last couple years. Nevertheless, this industry comes with considerable competition. In order to stay relevant and optimize your shop’s efficiency and revenue, you’ll need to keep up with convenience store industry trends.

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Payment Services POS Point of Sale Food and Beverages 52

Retail TouchPoints

APRIL 25, 2024

Plus, despite all the vocal naysayers, many consumers actually like the technology. But biometrics are just like any technology. From a scale perspective there are various sensor technologies that need to become more mainstream and optimized, so there’s a long way to go [before biometric payments become commonplace].”

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Retail TouchPoints

JANUARY 12, 2024

Sam’s Club is piloting technology designed to address one of the retailer’s biggest customer pain points: waiting in line at the store exit for an associate to check their receipts against the items in their cart.

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Payment Services Mobile Payments Technology Mobile 264

Wiser

FEBRUARY 23, 2024

This emphasizes the need for tools that assist in verifying in-store compliance, ensuring that the advertised prices are accurately reflected at the point of sale. Utilizing field teams and retail execution tools included in Wiser’s Commerce Execution Suite can help validate promotional signage and pricing.

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Retail TouchPoints

DECEMBER 30, 2022

The war between criminal gangs and the payment industry has been raging for some time. In the early days and now, criminals stole cardholder data from internet-connected point-of-sale (POS) systems to make their own fraudulent transactions. Criminals went back to the drawing board. Standards to the Rescue?

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Merchant Services Payment Services Payments Consumer 327

RTP blog

APRIL 27, 2018

By Stephen Wakeling , Phobio The ubiquity of Amazon and recent announcement of the Toys ‘R’ Us closure offers a sobering glimpse of how the retail industry is radically shifting and transforming. Technology enables these omnichannel experiences and differentiates innovative retailers with the status quo.

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Retail TouchPoints

APRIL 30, 2024

The retail technology revolution has brought forth many new innovations such as palm scanning and AI chatbots over the last few years, all of which have sought to meet the same goal: improving the customer experience. As for concertgoers at these same venues, over half of U.S.

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Retail TouchPoints

MARCH 25, 2021

By 2022, regulations designed to protect consumer privacy and major technology companies will require users’ explicit permission to share and use data generated from digital interactions. The change will be a reckoning for the advertising industry.”. An Opportunity to Rebuild the Ad Industry’. The Rise of First-Party Data.

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Retail TouchPoints

OCTOBER 19, 2023

Take Stock of the Inventory Amid the digital transformation of retail, technologies such as SquareSpace have become more commonplace at the point of sale, while self-service kiosks and cashierless checkouts are now ubiquitous.

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RetailMinded

FEBRUARY 1, 2024

After all, as a self-described retail geek, I get giddy when it comes to exploring the latest retail technology, exploring flagship stores that keep up with collective retail trends and discovering new resources that help fuel the global commerce industry at large. My favorite part, however, is always the people.

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Retail TouchPoints

FEBRUARY 27, 2024

This includes implementing robust security protocols, regular system audits, employee training and investing in advanced cybersecurity technologies. In the store environment, retailers need to evaluate the physical security of POS terminals and self-scanning technology. Conducting a third-party audit of cybersecurity protocols.

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Payment Services Retail POS Operations 276

Retail TouchPoints

FEBRUARY 21, 2023

5G can also connect mobile point-of-sale (POS) terminals , self-service kiosks, scan-and-go checkouts and other forms of frictionless shopping with ease. 5G is critical for these technologies to deliver the wow factor. The retail industry is dynamic. Tractor Supply Co.

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Sporting Goods Payment Services Retail Supplies 261

365 Retail

JANUARY 4, 2023

Achieving this is not rocket science – it simply requires smart use of technology that is disarmingly similar to what we all carry about 24 hours a day – our mobile devices! Retailers need to think beyond the realms of what mobile technology can do for their customers and think about what it can do for their people and their processes.

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Mobile Technology Retail Customer Experience 72

Retail TouchPoints

JUNE 29, 2022

Advancements in security technology have helped retail businesses across the world better protect their physical property, valuable products, data and information, and their employees. You should also use cameras to see what’s occurring at the point of sale with a clear view of the cash register or tablet, the cashier and the customer.

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Teamwork Retail

MARCH 28, 2019

The Washington Nationals have selected Teamwork for their new point-of-sale technology to be featured at Nationals Park for the 2019 Major League Baseball Season. Teamwork’s technology is no stranger to the sports industry and has revolutionized the way stadiums manage their fan experience. and Europe.

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Technology Payment Services POS Point of Sale 104

Retail TouchPoints

JUNE 28, 2023

As a result, store design teams are thinking more critically, and intentionally, about their new physical experiences — especially if technology plays a supporting role. Do retailers have interest in technologies that garner a lot of attention and PR?

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Retail TouchPoints

AUGUST 11, 2023

The results of Capterra’s 2023 Tipping Fatigue survey show how tip screens have impacted the customer experience in and outside the restaurant industry, and how businesses should navigate tech-enabled tipping. Is your business within the restaurant industry?

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Consumer Payment Services Point of Sale POS 226

Retail TouchPoints

MARCH 15, 2023

Many business leaders, and retailers specifically, plan to increase their investment in digital technology for the frontline. These executives represent organizations across different industries, from retail to hospitality, restaurants, travel, manufacturing and healthcare.

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Retail TouchPoints

APRIL 20, 2022

billion worldwide in 2020, and thanks to a 27.25% compound annual growth rate, the budding industry (no pun intended) is expected to reach $54.41 Seeking Brick-and-Mortar Expertise in a Complex Industry. Plus, regulatory requirements require these stores to be located in industrial areas, away from traditional retail locations.

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Retail TouchPoints

JULY 17, 2023

Connecting the world of physical objects into a smart network, IoT technology brings new business opportunities for retailers and provides data-driven insights for decision-makers. Example: Walmart Walmart is applying IoT technologies for effective store equipment management. billion in 2022 and is expected to grow at a CAGR of 28.4%

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Food and Beverages Payment Services Retail Payments 246

Retail TouchPoints

MARCH 31, 2023

In the same manner, the new service providers, the payment platforms, get worked up over Banking-as-a-Service and Embedded Finance, the latest industry buzzwords, without fully explaining the simplicity and value of the proposition. It’s reckoned that nearly 4.5 Furthermore, approximately 1.6 John Rutledge is CEO of HolyWally.

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Financial Services Payment Services Payments Small Business Retail 275

Retail TouchPoints

APRIL 11, 2024

We are past the point of conjecture about whether AI will upend the retail industry; it already has. Consumers can choose whether to pre-approve purchases or not, set budgets, inform the bot to shop only for certain items at certain times or only buy items when they go on sale, and many other parameters.

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Retail TouchPoints

NOVEMBER 1, 2023

Unfortunately for all of us in the industry, the problem of chargeback fraud continues to grow, and for several reasons: The Growth 0f Ecommerce First, ecommerce continues its rapid expansion. Fraudsters use the same advanced technologies — but with malicious intent. The entire industry is taking steps to remedy such problems.

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Merchant Services Payment Services Payments eCommerce 296

Ecommerce Platforms

APRIL 20, 2022

The company is best-known for supporting mobile point of sale solutions, and can offer a wide range of high-quality hardware to help you thrive offline. However, there are no industry-specific point of sale apps with Shopify, while Square has dedicated tools for service companies and restaurants. Go to the top.

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Retail TouchPoints

AUGUST 14, 2023

While autonomous stores and technological innovation are high on the retail agenda, the infrastructure and operational efforts that enable them aren’t often given the same broad attention. But the value of laying a robust foundation for technological adoption extends beyond times of crisis.

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Payment Services Operations Banking Technology 239

Teamwork Retail

MARCH 28, 2019

The Washington Nationals have selected Teamwork for their new point-of-sale technology to be featured at Nationals Park for the 2019 Major League Baseball Season. Teamwork’s technology is no stranger to the sports industry and has revolutionized the way stadiums manage their fan experience. and Europe.

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Technology Payment Services POS Point of Sale 83

Retail TouchPoints

DECEMBER 13, 2023

Brands and retailers realize there is no one-size-fits-all strategy for stores — and design teams are rising to the challenge by thinking more creatively and thoughtfully about how they can innovate through new formats, technologies and collaboration methods. Technology is going to be central [to the store experience] — it has to be.

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Sporting Goods Technology Omnichannel Operations 311

Korona

JUNE 8, 2022

The retail industry is a competitive industry, and one often based on volume. So keeping up with the latest retail technology is paramount to delivering an impeccable customer experience, managing a large inventory, and optimizing your ordering and pricing. This is especially the case with big-box competition.

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Technology Payment Services Payments Retail 52

Retail TouchPoints

FEBRUARY 7, 2023

This year at NRF, it remained a major area of conversation in booths, and we also have seen the industry embrace it. It seems retailers are finally upgrading their marketing technology stacks with this technology. We also see significant new investments in the point-of-sale solution to complement past investments in digital.

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Retail POS Apparel Department Stores 276

RETAIL MANAGEMENT SOFTWARE

MAY 24, 2022

Here are the latest digital marketing trends in the retail industry to help retailers refine their strategy for 2022 and beyond to maximize growth. Examine Your Marketing Technology Stack. While major jewelry brands have integrated AR technology into their apps, they’ve also paved the way for online retailers.

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Payment Services Small Business Retail Marketing Retail 81

Korona

SEPTEMBER 2, 2022

The cannabis industry continues to gain momentum as more states legalize across the country. It requires a complicated licensing process, significant start up funding, and extensive knowledge of the legal marijuana industry to compete with other dispensaries. How To Work In The Cannabis Industry: What Jobs Are Available?

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Retail TouchPoints

FEBRUARY 22, 2021

You can’t check out a news site or industry publication without seeing articles about how COVID-19 has disrupted countless industries, including retail. Instead, focus on offering complementary but discrete shopping experiences that reinforce the brand and make the best use of technology in both mediums. .

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Retail Customer Experience Article Technology 256

Retail TouchPoints

JUNE 7, 2021

Retail workers traditionally occupied point-of-sale positions or customer services positions, but now they are central to the success of complex and sophisticated supply chain operations. . With greater competition than ever for top talent, finding people with broad, applicable skills requires adopting new technologies.

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Retail TouchPoints

SEPTEMBER 6, 2023

Adapting to Changing Consumer Behavior Innovative technology has transformed consumer behavior and expectations, necessitating secure, fast and transparent digital experiences. Retailers should consider investing in technologies that facilitate seamless communication, transparent billing and easy subscription management, for instance.

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Merchant Services Payment Services Subscription Consumer 271

Retail TouchPoints

JUNE 25, 2021

This has expedited the growing appetite for retailers to be technology-enabled organizations. Advancements in consumer technology have also played a role in retailers looking to make the technology of tomorrow happen today. Adoption as a Short- and Long-Term Business Imperative. 5G as an Efficiency Driver.

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Retail TouchPoints

OCTOBER 4, 2023

The UK’s largest independent builder’s merchant, MKM Building Supplies , recognized that the building supplies industry was changing, with 45% of its current customer base set to retire within the next five years. From cybersecurity to ecommerce, digital to mobile, she has touched every aspect of today’s technology landscape.

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